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Author Topic: Who ordered the AMD Radeon VII? Lets make a list of Miners / Hashrates / Coins  (Read 13011 times)
jstefanop
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February 07, 2019, 07:13:08 PM
 #21

Elephant in the room is power usage, surely. 90mhs is all very well, but if it's eating 300W to do it then...

Thats what I figured this would do with ETH, and thats un-optimized (this thing has so much memory you could load 4-5 separate DAGs on to it), so it could easily push 100MH.

Big thing here is power though, especially in the current market. Underclocked it will probably be able to do 100MH @ ~ 150-200w which is huge.

Thats half the power of the bitmain ASICs and 570s.

Price wise it sucks, but if your paying high electricity (over 10c/kw) then just the power savings alone per year is worth it, especially if your "upgrading" from 570s.

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February 07, 2019, 07:41:05 PM
 #22

Elephant in the room is power usage, surely. 90mhs is all very well, but if it's eating 300W to do it then...

Thats what I figured this would do with ETH, and thats un-optimized (this thing has so much memory you could load 4-5 separate DAGs on to it), so it could easily push 100MH.

Big thing here is power though, especially in the current market. Underclocked it will probably be able to do 100MH @ ~ 150-200w which is huge.

Thats half the power of the bitmain ASICs and 570s.

Price wise it sucks, but if your paying high electricity (over 10c/kw) then just the power savings alone per year is worth it, especially if your "upgrading" from 570s.

I can't imagine that ETH would be the most profitable thing to mine with these...  I'm waiting to see some real results on other algorithms before making my buy.  These seem like a no-brainer of a purchase when compared to the 2080ti, but I'd like confirmation first.  After many years of GPU mining, I've had so many headaches related to the software powering AMD GPUs, they'll have to come with something really great for me to choose them over Nvidia on my next purchase. 

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lunobird
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February 07, 2019, 07:50:43 PM
 #23

Dont forget when etherium fork happens end of this month the reward goes down from 3 eth to 2 eth so even if these card get to 110 m/hs you will still be loosing a lot of $$$$

The market and nicehash tends to flatten out the usd earnings for most coins to be close to the same. Yes you will get less eth unit earnings but usd earnings should be flatten out with the rest of the coins.

One can always mine etc and sell for eth.  If there are any big differences. Hence market will always level things out.
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February 07, 2019, 08:58:40 PM
 #24

For anyone trying to get these still, the Sapphire listed sold out, but ASUS is now available to pre-order -- http://geni.us/YdyU
MSI just came in stock also -- http://geni.us/LlC11

Couple scalpers popping up on eBay too, above are at MSRP

Check out my Crypto YouTube channel
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If you enjoy my content click Subscribe
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February 07, 2019, 09:32:54 PM
 #25

For anyone trying to get these still, the Sapphire listed sold out, but ASUS is now available to pre-order -- http://geni.us/YdyU
MSI just came in stock also -- http://geni.us/LlC11

Couple scalpers popping up on eBay too, above are at MSRP

Thanks for the Amazon link. I ordered one even though it was temporarily out of stock. Fomo'ing to break even with electric is the new hot thing to do in crypto. Honestly I'm just bored and want something to tinker with in bear trend.
h311m4n
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February 07, 2019, 09:56:52 PM
 #26

Also curious to see the wattage and the performance in other algos. I haven't mined anything EThash based in over a year now. Might be worth selling 470/570s for these.

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February 08, 2019, 04:41:30 AM
 #27

For anyone trying to get these still, the Sapphire listed sold out, but ASUS is now available to pre-order -- http://geni.us/YdyU
MSI just came in stock also -- http://geni.us/LlC11

Couple scalpers popping up on eBay too, above are at MSRP

Above links contain referral?
cidman
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February 08, 2019, 07:46:16 AM
 #28

that screenshot means nothing
i can make a 560 look like its hashing at 90Mh
but it will not find shares at that rate
huntingthesnark
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February 08, 2019, 09:14:13 AM
 #29

Elephant in the room is power usage, surely. 90mhs is all very well, but if it's eating 300W to do it then...

Thats what I figured this would do with ETH, and thats un-optimized (this thing has so much memory you could load 4-5 separate DAGs on to it), so it could easily push 100MH.

Big thing here is power though, especially in the current market. Underclocked it will probably be able to do 100MH @ ~ 150-200w which is huge.

Thats half the power of the bitmain ASICs and 570s.

Price wise it sucks, but if your paying high electricity (over 10c/kw) then just the power savings alone per year is worth it, especially if your "upgrading" from 570s.


Exactly - if the 7nm die/whatever else AMD have baked in brings efficiency back into profitable territory then it's worth a shot, even with enormous ROI. But if efficiency isn't high, then it's a complete waste of time/electric. So pretty essential part of the information that isn't being shared yet!

For the latest Crypto news and alts info check out https://coinsjar.info/
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February 08, 2019, 01:25:22 PM
 #30

A mining rig with 8 of these cards, riserless board would be great with 0.72 Ghs speed of mining in a single board. It is a lot better than E3 Antminer and it can also mine other coins, it should also shine on cryptonight algorithm. It is expensive to build such rig right now wih profitability down but for any believer in crypto it is wise to build such rig.

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nordmann666
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February 08, 2019, 01:57:51 PM
 #31

12x Vega 56 Rig = 24KHs cryptonight = 500MHs ETH / 1800W = 120€ electricity month (10cents/kwh)
6x Vega 7 = maybe 24KHs cryptonight = +-600MHs ETH /  +-900W?! = 60€ electricity month (10cents/kwh)

prices
sell 12x Vega 56 = 2700€
buy 6x Vega 7 = 4500€
------------------------------------
switch to vega 7 = 1800€
60€ less electricity / month = 30 months to equal


mhhhhhh.....
huntingthesnark
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February 08, 2019, 02:03:44 PM
 #32

A mining rig with 8 of these cards, riserless board would be great with 0.72 Ghs speed of mining in a single board. It is a lot better than E3 Antminer and it can also mine other coins, it should also shine on cryptonight algorithm. It is expensive to build such rig right now wih profitability down but for any believer in crypto it is wise to build such rig.

Dude, you mined any cryptonight coin recently? They are asic-ed to fook.

Even if these 7s double the CN hashrate of the 64 and power use stays the same (neither of which seems likely), you'd still only be breaking even on electric costs. 

For the latest Crypto news and alts info check out https://coinsjar.info/
swogerino
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February 08, 2019, 02:18:35 PM
 #33

A mining rig with 8 of these cards, riserless board would be great with 0.72 Ghs speed of mining in a single board. It is a lot better than E3 Antminer and it can also mine other coins, it should also shine on cryptonight algorithm. It is expensive to build such rig right now wih profitability down but for any believer in crypto it is wise to build such rig.

Dude, you mined any cryptonight coin recently? They are asic-ed to fook.

Even if these 7s double the CN hashrate of the 64 and power use stays the same (neither of which seems likely), you'd still only be breaking even on electric costs.  

I am mining since 2014 but I already noted only build one for those who believe in the future of crypto not the ones who are in for the quick buck. Crypto needs real hardcore miners and not kiddies who want to make that quick buck. Mining is not for everyone in case you haven't noticed yet.

I am mining cryptonight Heavy with Nvidias still do 500 h/s with a 1060.

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February 08, 2019, 02:23:58 PM
 #34

12x Vega 56 Rig = 24KHs cryptonight = 500MHs ETH / 1800W = 120€ electricity month (10cents/kwh)
6x Vega 7 = maybe 24KHs cryptonight = +-600MHs ETH /  +-900W?! = 60€ electricity month (10cents/kwh)

prices
sell 12x Vega 56 = 2700€
buy 6x Vega 7 = 4500€
------------------------------------
switch to vega 7 = 1800€
60€ less electricity / month = 30 months to equal


mhhhhhh.....

 your electric per month should be $129.60   at 10 cents per kwh     30 days per month
huntingthesnark
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February 08, 2019, 02:40:19 PM
 #35

A mining rig with 8 of these cards, riserless board would be great with 0.72 Ghs speed of mining in a single board. It is a lot better than E3 Antminer and it can also mine other coins, it should also shine on cryptonight algorithm. It is expensive to build such rig right now wih profitability down but for any believer in crypto it is wise to build such rig.

Dude, you mined any cryptonight coin recently? They are asic-ed to fook.

Even if these 7s double the CN hashrate of the 64 and power use stays the same (neither of which seems likely), you'd still only be breaking even on electric costs.  

I am mining since 2014 but I already noted only build one for those who believe in the future of crypto not the ones who are in for the quick buck. Crypto needs real hardcore miners and not kiddies who want to make that quick buck. Mining is not for everyone in case you haven't noticed yet.

I am mining cryptonight Heavy with Nvidias still do 500 h/s with a 1060.

Kiddies? haha. If only! Nice to meet a real hardcore miner though. I have been mining for about the same time, but CN has never been so bad. Now a £2k Vega rig will 'make' c.$40 usd a month, and costs £90 a month to run here in the UK. The maths does not look good.

Indeed, you mention the future of crypto, but there cannot be many who are willing to run at such a loss. I fear many of these Pow networks will fall, as they require running at a significant loss. It is not a practical place to be.





For the latest Crypto news and alts info check out https://coinsjar.info/
h311m4n
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February 08, 2019, 03:32:56 PM
 #36

A mining rig with 8 of these cards, riserless board would be great with 0.72 Ghs speed of mining in a single board. It is a lot better than E3 Antminer and it can also mine other coins, it should also shine on cryptonight algorithm. It is expensive to build such rig right now wih profitability down but for any believer in crypto it is wise to build such rig.

Dude, you mined any cryptonight coin recently? They are asic-ed to fook.

Even if these 7s double the CN hashrate of the 64 and power use stays the same (neither of which seems likely), you'd still only be breaking even on electric costs.  

I am mining since 2014 but I already noted only build one for those who believe in the future of crypto not the ones who are in for the quick buck. Crypto needs real hardcore miners and not kiddies who want to make that quick buck. Mining is not for everyone in case you haven't noticed yet.

I am mining cryptonight Heavy with Nvidias still do 500 h/s with a 1060.

Kiddies? haha. If only! Nice to meet a real hardcore miner though. I have been mining for about the same time, but CN has never been so bad. Now a £2k Vega rig will 'make' c.$40 usd a month, and costs £90 a month to run here in the UK. The maths does not look good.

Indeed, you mention the future of crypto, but there cannot be many who are willing to run at such a loss. I fear many of these Pow networks will fall, as they require running at a significant loss. It is not a practical place to be.


The future likely lies in broadly available and affordable FPGA devices that are easy to program with a wide array of bitstreams available. GPU mining will eventually die, there's no doubt about it, just as ASIC mining will. What people forget is that everyone should have the same fair access to the network to participate. This is what satoshi's vision was. One should not have to invest 2000+$ in a GPU rig or an ASIC with high electricity costs to make a few cents a day.

Mining just because you're a hardcore miner doesn't make sense at some point, at least when you have more than say 2 rigs. I've been in the game since 2015/2016 but recently changed the way I operate by mining on solar power only (I made my own smart mining algo using a bit of scripts and ingenuity, check the 8th altcoin thread if you want more info). I mine less coins a day, but it's 100% profit.
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February 08, 2019, 07:57:47 PM
Last edit: September 18, 2019, 09:52:43 PM by mprep
 #37

I mine less coins a day, but it's 100% profit.

You failed with this quote. While solar power is free you still have to invest on the hardware which is very blood expensive and already proven that solar power even with the minimum cost at all fronts still cost more than 0.07 cents per kwh.



12x Vega 56 Rig = 24KHs cryptonight = 500MHs ETH / 1800W = 120€ electricity month (10cents/kwh)
6x Vega 7 = maybe 24KHs cryptonight = +-600MHs ETH /  +-900W?! = 60€ electricity month (10cents/kwh)

prices
sell 12x Vega 56 = 2700€
buy 6x Vega 7 = 4500€
------------------------------------
switch to vega 7 = 1800€
60€ less electricity / month = 30 months to equal


mhhhhhh.....

So, can you really sell each vega for 350 dollars? I myself would never pay that much for it, in my book vega 14nm is worth only $200.

BTC Address: 1DH4ok85VdFAe47fSVXNVctxkFhUv4ujbR
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February 08, 2019, 09:23:09 PM
 #38

I also bought one. But for gaming mostly. For mining not so much. It isn't worth it at all. Expecally not with my expensive electricity (0.126$ kWh). As someone said above, who is mining Ethash nowadays anyway? Smiley

Bought 2 x Vega 56 when they came out, and I still don't regret that.
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February 08, 2019, 11:41:06 PM
Merited by vapourminer (1)
 #39

My results so far.
Unable to run in hiveos, have to use win, no overclocking possible yet...
Eth 90mhs
Grin c29 4,5gps, unable to run c31
Progpow 30mhs
Xmr 1880h/s
I had just 2 hours for tests, will see more results later.
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February 09, 2019, 12:35:21 AM
 #40

What driver do you guys use? The old but stable 18.6.1 (or maybe older?) or the new one?
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